BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) Short Interest Up 29.3% in April

BlackRock World ex U.S. Carbon Transition Readiness ETF (NYSEARCA:LCTD) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 22,904 shares, an increase of 29.3% from the March 31st total of 17,718 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 6,960 shares, the days-to-cover ratio is currently 3.3 days.

Institutional Trading of BlackRock World ex U.S. Carbon Transition Readiness ETF

Large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 1,211,908.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,508,857 shares of the company’s stock worth $137,134,000 after buying an additional 2,508,650 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 3rd quarter worth approximately $1,613,000. JPMorgan Chase & Co. lifted its position in BlackRock World ex U.S. Carbon Transition Readiness ETF by 22.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 162,987 shares of the company’s stock worth $8,686,000 after buying an additional 29,781 shares during the last quarter. Jane Street Group LLC bought a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 1st quarter worth approximately $1,050,000. Finally, Avise Financial Cooperative Inc. bought a new stake in BlackRock World ex U.S. Carbon Transition Readiness ETF in the 4th quarter worth approximately $1,190,000.

BlackRock World ex U.S. Carbon Transition Readiness ETF Trading Down 1.1%

Shares of LCTD traded down $0.62 during trading hours on Wednesday, reaching $56.73. 4,326 shares of the company’s stock traded hands, compared to its average volume of 7,721. The stock has a market cap of $233.73 million, a PE ratio of 17.23 and a beta of 0.82. The firm’s 50 day simple moving average is $57.07 and its 200-day simple moving average is $55.86. BlackRock World ex U.S. Carbon Transition Readiness ETF has a 12 month low of $47.50 and a 12 month high of $60.28.

About BlackRock World ex U.S. Carbon Transition Readiness ETF

The BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD) is an exchange-traded fund that is based on the MSCI World ex USA index. The fund is an actively managed fund that targets companies in developed markets outside of the US that are considered to be equipped for a low-carbon economy transition. LCTD was launched on Apr 6, 2021 and is managed by BlackRock.